MIRA collected MVR 3.24 billion as revenue in December 2025. This is an increment of 30.7% compared to the same period last year. Moreover, it is an increment of 17.4% compared to the forecasted amount for December 2025.
Revenue for December 2025 increased compared to December 2024, mainly due to higher collections of Tourism Sector GST, Tourism Land Rent and Green Tax. Additionally, tourist arrivals in November 2025 rose by 12.8% compared to November 2024, boosting collections of TGST, Green Tax and Airport Taxes and Fees. The rise in tourist arrivals, along with the increased Green Tax rates from January 2025, contributed to the overall increase in revenue collection.
Revenue for December 2025 surpassed projections, driven primarily by higher collections from TGST and Tourism Land Rent along with additional receipts from non-projected codes; the largest contribution coming from land acquisition and conversion fees and Corporate Social Responsibility Fee. Additionally, 21.2% of the monthly revenue was collected through payments received from past deadlines, while a further 20.3% was secured through targeted initiatives to recover outstanding dues. Collectively, these factors contributed to the overall revenue exceeding forecasts.
In December 2025, GST accounted for the largest share of revenue received by MIRA which is 53.2% or MVR 1.72 billion. The next largest revenue was from Tourism Land Rent which is 16.0% or MVR 519 million. In addition, Green Tax MVR 218.7 million (6.8%), Departure Tax MVR 191.3 million (5.9%), Airport Development Fee MVR 176 million (5.4%) and Income Tax MVR 160 million (4.9%).
Out of the revenue collected in December 2025, USD 157.83 million
million constitutes the dollar collection.
For more information:
https://www.mira.gov.mv/Files/GetFile/95d892da-ab25-4e2f-b189-05b32532cd2a